Is Pinterest a good stock to buy?
Pinterest Stock: Time to Buy?
- Incredible momentum. Rewind to October and you may recall Pinterest reporting a stellar comeback quarter after a coronavirus-related slowdown in advertising spend in Q2.
- A reasonable valuation. While it's easy to see why Pinterest is a great business with lots of potential, the same can't be said about the company's stock -- at least ...
- The verdict. ...
Should I buy Pinterest stock?
Should You Buy or Sell Pinterest Stock Right Now?
- Pinterest’s fourth-quarter earnings results. In the fourth quarter of 2019, Pinterest reported revenue of $399.9 million—46.4% growth from $273.2 million in the fourth quarter of 2018.
- User base. ...
- Peer comparison. ...
- Analysts’ recommendations for Pinterest. ...
- Pinterest stock’s valuation. ...
- Technical level. ...
How to buy Pinterest stock?
The one reason not to buy may carry just as much weight as the three in favor.
- A massive total addressable market Pinterest is in the advertising business. Its app is free to use. ...
- Its users have shopping in mind Pinterest is a unique social media site in that folks come to it with commercial intent. ...
- Pinterest's stock is inexpensive
What is the ticker symbol for Pinterest?
- C: Company does not meet the stock exchange's listing requirements
- E: Missing one or more SEC filings
- L: Miscellaneous. This could have a wide variety of meanings that investors would need to be aware of.
- Q: Company has declared bankruptcy.
- V: Shares are preparing to go through a corporate action plan that could impact shareholders.
- Z: Miscellaneous. ...
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How do I buy stocks on Pinterest?
How to buy shares in PinterestCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
What stock category is Pinterest?
Class A Common StockPinterest is an online product and idea discovery platform that helps users gather ideas on everything from recipes to cook to destinations to travel to.
What is the target price for Pinterest stock?
The 27 analysts offering 12-month price forecasts for Pinterest Inc have a median target of 28.00, with a high estimate of 39.00 and a low estimate of 15.00.
Is Pinterest a buy right now?
Pinterest stock is not a buy.
Why is Pinterest stock so low?
Pinterest stock is down due primarily to an decrease in monthly active users. Management is working to drive engagement through creator-generated short videos and a more personalized shopping experience.
How high will pins stock go?
Based on 24 Wall Street analysts offering 12 month price targets for Pinterest in the last 3 months. The average price target is $27.77 with a high forecast of $38.00 and a low forecast of $19.00. The average price target represents a 52.50% change from the last price of $18.21.
What will PINS be worth in 5 years?
According to the latest long-term forecast, Pinterest price will hit $30 by the middle of 2023 and then $50 by the end of 2024. Pinterest will rise to $60 within the year of 2025, $70 in 2026, $80 in 2027, $90 in 2029 and $100 in 2032.
What is the future of Pinterest?
That's an ARPU of $8.69 in 2022, $12.16 in 2023, and $15.81 in 2024. This translates into 2024 revenues of $6.81 billion. In 2021, Pinterest had an operating profit of $326.2 million on $2.6 billion in sales while spending $780.3 million on R&D.
Will PINS bounce back?
PINS' stock price could see a minor rebound as it experiences accelerating revenue growth in 2H 2022, but returning to the $50 level might be very challenging. I assign a Hold investment rating to Pinterest, as its current valuation multiples appear to be aligned with the company's financial outlook.
Is PINS a buy hold or sell?
Pinterest has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 5 buy ratings, 20 hold ratings, and no sell ratings.
Will Pinterest stock recover?
The bull case for Pinterest stock Its adjusted earnings are forecast to expand from $1.13 in 2021 to $1.4 in 2023. We can see that PINS stock is trading at a forward price to 2022 sales multiple of 5.60x and a price to earnings multiple of 24.4x, which is quite reasonable.
Is Pinterest overvalued?
Pinterest also has a sky-high price-to-earnings ratio of 165.33, which has led some on Wall Street to label the stock as being “overvalued.” By comparison, the average price-to-earnings ratio among companies listed on the tech-heavy Nasdaq stock exchange is 30.
Should I buy or sell Pinterest stock right now?
25 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pinterest in the last year. There are currently 20 hold...
What is Pinterest's stock price forecast for 2022?
25 analysts have issued 12 month price targets for Pinterest's shares. Their forecasts range from $20.00 to $65.00. On average, they expect Pintere...
How has Pinterest's stock performed in 2022?
Pinterest's stock was trading at $36.35 at the beginning of 2022. Since then, PINS stock has decreased by 47.1% and is now trading at $19.24. View...
Are investors shorting Pinterest?
Pinterest saw a increase in short interest in May. As of May 31st, there was short interest totaling 47,900,000 shares, an increase of 33.8% from t...
When is Pinterest's next earnings date?
Pinterest is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Pinterest .
How were Pinterest's earnings last quarter?
Pinterest, Inc. (NYSE:PINS) posted its quarterly earnings data on Wednesday, April, 27th. The company reported ($0.01) earnings per share for the q...
Who are Pinterest's key executives?
Pinterest's management team includes the following people: Mr. Benjamin Silbermann , Chairman, Co-Founder, Pres & CEO (Age 39, Pay $199.1k) Mr....
What is Ben Silbermann's approval rating as Pinterest's CEO?
217 employees have rated Pinterest CEO Ben Silbermann on Glassdoor.com . Ben Silbermann has an approval rating of 91% among Pinterest's employees....
Who are some of Pinterest's key competitors?
Some companies that are related to Pinterest include Baidu (BIDU) , Zoom Video Communications (ZM) , Twitter (TWTR) , Trade Desk (TTD) , Match...
Is Pinterest stock a Buy, Sell or Hold?
Pinterest stock has received a consensus rating of hold. The average rating score is and is based on 35 buy ratings, 42 hold ratings, and 0 sell ra...
What was the 52-week low for Pinterest stock?
The low in the last 52 weeks of Pinterest stock was 16.14. According to the current price, Pinterest is 119.21% away from the 52-week low.
What was the 52-week high for Pinterest stock?
The high in the last 52 weeks of Pinterest stock was 81.75. According to the current price, Pinterest is 23.54% away from the 52-week high.
What are analysts forecasts for Pinterest stock?
The 77 analysts offering price forecasts for Pinterest have a median target of 56.32, with a high estimate of 104.00 and a low estimate of 21.00. T...
About Pinterest
Headlines
Pinterest, Inc. engages in the operation of a pinboard-style photo-sharing website. It allows users to create and manage theme-based image collections such as events, interests, and hobbies. The company was founded by Benjamin Silbermann, Paul C. Sciarra, and Evan Sharp in October 2008 and is headquartered in San Francisco, CA.
New York Stock Exchange
Can Pinterest Stock Rebound To $50 Levels? Consider Financial Outlook And Valuations - Seeking Alpha
Environmental, Social, and Governance Rating
An image-sharing social media site that allows users to collect links and create virtual pin boards based on their interests.
Business Summary
"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
When was Pinterest founded?
An image-sharing social media site that allows users to collect links and create virtual pin boards based on their interests.
What is Pinterest engine?
The company was formerly known as Cold Brew Labs Inc. and changed its name to Pinterest, Inc. in April 2012. Pinterest, Inc. was founded in 2008 and is headquartered in San Francisco, California. More... Sector. Communication Services.
Ideas
The company’s engine allows people to find inspiration for their lives, including recipes, style and home inspiration, DIY, and others. It shows them visual recommendations based on people personal taste and interests. The company was formerly known as Cold Brew Labs Inc. and changed its name to Pinterest, Inc. in April 2012.
Profile
Here is my list of majorly oversold stocks that I consider to be at attractive buying prices: $PINS $LMND $QS $SPCE $WIX $SPOT $FVRR Good Luck!
Timeline
Pinterest, Inc. engages in the operation of a pinboard-style photo-sharing website. It allows users to create and manage theme-based image collections such as events, interests, and hobbies. The company was founded by Benjamin Silbermann, Paul C. Sciarra, and Evan Sharp in October 2008 and is headquartered in San Francisco, CA.